MCX Technologies Corp Working Capital to Net Assets Ratio
MCX Technologies Corp working capital to net assets ratio. MCX Technologies Corp (MCX) has a Working Capital to Net Assets ratio of 100.0% as of March 2024. Working capital of CA$-52.89K (current assets of CA$43.52K minus current liabilities of CA$96.41K) is measured against net assets of CA$-52.89K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MCX Technologies Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MCX Technologies Corp (2016–2023)
Working capital to net assets ratio of MCX Technologies Corp from 2016 to 2023. This chart shows how MCX Technologies Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2023. As of March 2024, the ratio stands at 100.0%, reflecting working capital of CA$-52.89K against net assets of CA$-52.89K CAD. See MCX Technologies Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
MCX Technologies Corp Working Capital to Net Assets Ratio by Year (2016–2023)
MCX Technologies Corp working capital to net assets ratio by year from 2016 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for MCX Technologies Corp from 2016 to 2023, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see MCX Technologies Corp balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 137.7% | CA$-58.90K | CA$-42.77K | CA$46.07K | CA$104.97K | ▲ +201.4 pp |
| 2022 | -63.7% | CA$-98.38K | CA$154.36K | CA$18.12K | CA$116.50K | ▼ -71.7 pp |
| 2021 | 8.0% | CA$49.54K | CA$619.91K | CA$222.27K | CA$172.72K | ▼ -4.2 pp |
| 2020 | 12.2% | CA$114.50K | CA$941.52K | CA$297.96K | CA$183.47K | ▼ -72.3 pp |
| 2019 | 84.5% | CA$779.76K | CA$922.76K | CA$1.08 Million | CA$295.40K | ▲ +1.3 pp |
| 2018 | 83.2% | CA$1.35 Million | CA$1.62 Million | CA$1.69 Million | CA$344.35K | ▲ +4.2 pp |
| 2017 | 79.0% | CA$1.58 Million | CA$2.01 Million | CA$1.89 Million | CA$306.33K | ▲ +2.7 pp |
| 2016 | 76.3% | CA$1.76 Million | CA$2.31 Million | CA$1.96 Million | CA$193.00K | — |